Arden Partners (LON:ARDN) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Arden Partners plc (LON:ARDN)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 15.50 ($0.20) and traded as low as GBX 14 ($0.18). Arden Partners shares last traded at GBX 15.50 ($0.20), with a volume of 10,499 shares traded.

Arden Partners Stock Performance

The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 10.34. The firm has a market capitalization of £4.51 million and a price-to-earnings ratio of 3.97. The stock’s 50 day moving average price is GBX 15.50 and its two-hundred day moving average price is GBX 15.50.

About Arden Partners

Arden Partners plc operates as a multi-service stockbroker for small and mid-cap companies in the United Kingdom. It provides various financial services consisting of corporate advisory, such as nominated adviser and sponsor services, strategic corporate finance advice and strategic reviews, and capital restructurings, as well as services related to takeover codes comprising of advice on bids and mergers, public to private transactions, and public company and hostile related services.